Investing.com - The euro Wednesday was steady near 5-month highs on follow-through buying after French presidential election.
Investors are looking to an expected announcement later in the session on big U.S. corporate tax cuts.
Theeuro was up 0.02% at $1.0936 at 02:45 ET as centrist Emmanuel Macron beat anti-euro candidate Marine Le Pen in the French poll.
Macron is expected to beat Le Pen in next month's run-off, helping to reduce perceptions of political risk.
The euro is also being supported by a nascent pick-up in the euro-zone economy.
The ECB is expected to stand pat on policy Thursday but could revise forward guidance as early as June.
The dollar index was flat at 98.73 head of expected details of Trump's tax reform plans.
The dollar was also underpinned by an unexpected rise in U.S. new home sales.
The dollar held above 111 yen as risk sentiment improved.